Drills, reciprocating saws, motors, large angle grinders, you know buggywhips. Better to sell that manufacturing capability out to make profits and get ready for The Next Big Thing (just don't ask what that is).
In comparison to other states, North Carolina has proven to be an attractive location for international employers, ranking 9th in the United States in the number of employees supported by U.S. subsidiaries.
In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries has remained strong over time. They provide the livelihood for around 6.5% of North Carolina's private-sector workforce.
[Willie Green missed the following when it came out]
Infineon Technologies Norht America Corporation, a U.S. subsidiary of a German semiconductor manufacturer, purchased a facility in Cary employing 400 people in the fall of 2003. The average salary of these jobs is approximately $75,000 per year. The company will also invest $8 million in land, building, infrastructure and equipment by the end of 2004. This facility will house research and development, human resources, IT, logistics, finance and administrative functions. This will accompany a research and development plant in Resarch Triangle Park.
Kerry's got a secret plan - and he may reveal it (or not) right after he's elected.